New residential and commercial project in Elmshorn: demolition for a breath of fresh air!

New residential and commercial project in Elmshorn: demolition for a breath of fresh air!

Something is happening in Elmshorn: A promising new building project is underway that is intended to advance urban development. For this purpose, the existing building will be demolished after the owner has already applied for approval for modern mixed use. **Apartments, offices and retail** are to be built according to the latest standards. “The planning envisages a 6-story building that meets the requirements for space efficiency and rentability,” says the project description. The property, measuring around 560 m², is easily accessible in a central location and offers excellent infrastructure with connections to local public transport. Wohnglück reports that...

The planned development area of ​​around 192 m² not only brings with it a modern living and room concept, but also promises a promising development in rentability. “The demolition of the economically outdated existing building is an important step towards sustainability and increased value,” confirm those responsible for the project. The current, already approved usage options will be adapted specifically for the future project, so that the focus is on optimal utilization and value development.

A look at the market

The new building project could also be attractive for potential investors. With an annual rental income of around EUR 30,000 plus additional costs, this offers the opportunity to do well. In addition, the property could be interesting for both owner-occupiers and investors as it integrates numerous usage concepts. The approval not only provides for living space, but also the combination of retail and office space - this increases the attractiveness of the location.

Of course, such an acquisition also entails some costs: buyers have to reckon with real estate transfer tax as well as notary and land registry costs when purchasing real estate. Nevertheless, even taking these expenses into account, the property remains a sought-after investment. “Investors looking for a lucrative property should seriously consider this opportunity,” according to insider information.

Customer feedback in retail

Best Buy, which is due to years of efforts to provide excellent customer service.

In summary: Elmshorn is taking big steps into the future. The upcoming new building project combines modern standards in urban development with attractive investment opportunities. A real benefit for the region, where both living space and commercial space are in demand.